The listing on the Frankfurt Stock Exchange provides the BlackIce with increased exposure to European Investors and enables the European financial community to trade the Company’s common stock on a Euro basis with attractive spreads for 12 hours/day. BlackIce anticipates the new Frankfurt listing will enhance the company’s market liquidity as well as broaden the company’s shareholder base. Frankfurt is strategically placed between North America and Asia, with Frankfurt market trading overlapping the market trading hours in Asia and continuing to trade after North American markets have opened. This will enhance liquidity in trading BlackIce’s shares allowing for added interest in Europe as well as from Asian markets where BlackIce is currently focused on conducting business.
For more information please visit the Frankfurt Stock Exchange’s website.
About BlackIce Enterprise Risk Management Inc.
BlackIce is a global enterprise risk management technology firm delivering practical solutions for problems that global banks face every day. BlackIce has developed an Enterprise Risk Aggregation (ERA™) solution, an open platform software application that delivers end-to-end data and analytical standards to meet all of the regulatory expectations of Basel (I, II & III) as well as the BCBS Risk Data Aggregation & Reporting (RDA) requirements, and the FSB (Financial Stability Board) Legal Entity Identifier program for monitoring concentration risk.
The company’s Governance & Compliance Database (GCD™) is an application that allows financial institutions to assess, govern and manage adherence and compliance to regulatory guidelines across multiple regulatory requirements including: Basel II/III; Living Wills; Risk Data Aggregation and Financial Stability Oversight.